Aida has 103 million shares of common stock outstanding, Financial Management

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Aida has 103 million shares of common stock outstanding

AIDA has 10.3 million shares of common stock outstanding. The current share price is $50. AIDA Business also has a bond outstanding of face value $60 million, and a coupon rate of 7 percent at semi-annual and sells for 105 percent of par. The first issues mature in 10 years. What is AIDA cost of debt and debt to equity ratio?

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Financial Management: Aida has 103 million shares of common stock outstanding

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Financial Management: Aida has 103 million shares of common stock outstanding

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